Axios and The Athletic have held serious discussions in recent days about a merger of their digital operations, the Wall Street Journal reported.No financial terms were revealed in the account of the talks, but part of the talks is said to include a scenario in which the companies would anchor a portfolio of digital brands.
That entity would then seek to go public via a special-purpose acquisition company, or SPAC, a popular investment vehicle also known as a “blank-check” company.Both organizations have gained prominence a few short years after their founding, but via distinctly different routes.
Axios, whose main focus is politics but also includes business and other categories, was launched in 2016 by former Politico staffers Jim
Read more on deadline.com